by Michael DiVita | Jul 25, 2014 | Mortgage 101, Mortgage Education, Refinance 101, Video Series
Fixed interest loans are all the rage. And they should be with our historically low rates, but is there more to the picture? While locking in low interest rates in a 30 year fixed loan can be appealing to some, there are significant advantages to adjustable rate...
by Michael DiVita | Jul 25, 2014 | Mortgage 101, Mortgage Education, Refinance 101, Types of Mortgage Products, Video Series
Do You Know How Much the Bank Makes on Your Mortgage? Compare a 15 Year and a 30 Year Fixed Mortgage. The most obvious advantage of a 15 year fixed rate mortgage over a 30 year is to own your home in half the time. But, it’s more complicated. Here are facts you...
by Michael DiVita | Jul 15, 2014 | Mortgage 101, Mortgage Education, Types of Mortgage Products, Video Series
Some people’s incomes aren’t based on a traditional salary model. In cases where your monthly income may fluctuate or the majority of your income arrives in bonuses or contract payments, it’s important to have flexibility in your mortgage solution. Interest...
by Michael DiVita | Jul 15, 2014 | How Banks Qualify Borrowers, Mortgage 101, Mortgage Education, Pre-Approval Process, Refinance 101, Video Series
Don’t let any of these common credit score myths keep you from getting a better score and a lower payment on your new home. 8 Common Credit Score Myths 1. Myth: If I go to a free online credit reporting service, I will get a complete understanding of my credit rating....
by Michael DiVita | Jun 24, 2014 | Mortgage 101, Mortgage Education
Make Informed Buying Decisions You Feel Good About Buying a home may be the single largest purchase of your life and we want you to feel confident in your decisions. To guide you, we have put together a comprehensive, easy to understand mortgage education section that...
by Michael DiVita | Jun 13, 2014 | Mortgage 101, Mortgage Education, Video Series
Today I am going to talk about 7 simple rules first time home buyers can follow to help generate wealth with real estate. In my 20+ years as a mortgage professional, I have seen every RE scenario imaginable from massive wealth creation to bankruptcy. What I have...